Corporate Governance

Flip Flop Shops is expanding in both the physical and online channels.   The company, which was acquired by Cherokee Global Brands last year, is introducing a new “super kiosk” format. Measuring approximately 300 sq. ft. and built in the shape of a giant flip flop, the concept is slated for national rollout. It is designed to offer a nimble and novel format expansion to Flip Flop Shops’ retail presence.  

Tiffany & Co. has hired Mark Erceg to become its next executive VP and CFO, effective Oct. 18, 206.   Erceg, 47, who will be responsible for the company’s worldwide financial, indirect procurement and information technology functions, replaces Tiffany’s former CFO who left the retailer in May.   Previously, Erceg was with Canadian Pacific Railway Limited, where he has served as executive VP and CFO since May 2015.  

Apparel retailer Nasty Girl, one of the hottest apparel merchants on the Internet just a few years back, is looking for a possible buyer, Women’s Wear Daily reported.  

Lululemon has opened a new concept store in Toronto that’s unlike anything the retailer has done to date.   The 10,000-sq.-ft. store is part retail, part health food café, part gallery — and part practice studio, according to a report by torontolife.com. It even boasts a trailer.    For more, and photos, click here.

Retailers can learn how to develop a strategic process for reducing one of their major facility operating expenses — energy — at Chain Store Age’s upcoming webinar, Understanding and Controlling Energy Costs in Retail.   

James Han has joined Lowe's Cos. as senior VP of business development.    In this new role, Han is responsible for accelerating the company's business development strategy which involves identifying and implementing growth opportunities through new and emerging businesses, exponential innovation and corporate ventures. He reports to chief development officer Richard Maltsbarger.  

A new report makes the case for taking a standardized approach to rapidly rollout of solar rooftop installations may    An analysis by the Retail Industry Leaders Association and The Solar Foundation found that Whole Foods Market’s approach to rooftop solar installations in multiple facilities could be a valuable model for other retailers to consider.  

The man who founded the Crazy Eddie consumer electronics chain has died at the age of 68.   Eddie Antar grew his company from one location in Brooklyn, New York, to the largest electronics retailer in the New York metro area in the 1980s, with 43 stores in four states.  The chain gained national fame for its television commercials which featured a maniacal-looking pitchman (which many people mistakenly took to be Antar) screaming at the end of the spot that Crazy Eddie’s prices were  “insane.”  

A 25-year-old outlet center in East Naples, Florida, is undergoing an extensive facelift and seeking new retail blood, according to Crossman & Company, which has just been signed as its leasing agent.

Once filled with shoppers, the Naples Outlet Center has dropped in recent years due to an economic downturn in the area, according the Naples Daily News.  In 2014, nearly half of its 40 stores were vacant.